Economy & Business

Business news

Michigan Attorney General Bill Schuette says his office has filed a civil lawsuit against two companies involved in Flint's lead-tainted water crisis. The damages could reach hundreds of millions of dollars, he says.

"The more I discover and decipher," Schuette says, "the angrier I become. ... People committed crimes, and a global company and a Texas company botched the job of providing safe drinking water."

Carpool Karaoke takes McDonalds for a ride

Jun 22, 2016
Ashley Milne-Tyte

Actor James Corden took over hosting the "Late Late Show" on CBS last year and he's endeared himself to his fans. One of the things that has fueled his success — his Carpool Karaoke sessions.

If you haven't seen them, Corden basically hops in a car, picks up his favorite musical celebrity, and the two go for a short drive together. They chat, they laugh, and then ... they sing along to that artist's greatest hits.

Burger King Mac 'n Cheetos are a thing

Jun 22, 2016
Tony Wagner

Fast food executives around the country have become a bunch of Dominique Ansels with MBAs. They're tapping the best "innovation" teams money can buy to mix "brand synergy" with bold new food combinations in pursuit of quality stoner food.

U.S. banks are clear about where they stand on Brexit

Jun 22, 2016
Sabri Ben-Achour

Tomorrow, June 23, is a potentially momentous day in the history of the idea of a United Europe, with the United Kingdom voting to stay or go from the European Union.

The U.S. financial sector is as concerned as anybody about this. In fact, a report out today shows Wall Street banks spent about $3 million lobbying against an exit.

D Gorenstein

The U.S. Department of Justice announced the largest crackdown of Medicare fraud in Medicare’s history Tuesday.  In a three-day sweep that started Monday, law enforcement officials have charged 300 people for defrauding Medicare and Medicaid in schemes totaling $900 million dollars. Marketplace’s Dan Gorenstein was with federal agents on one of the fraud raids this week and looks at efforts underway to get ahead of these fraud schemes.

Andy Uhler

It’s kind of like a car company buying a construction company. But Tesla’s website calls itself an “energy innovation company.” SolarCity is a “full service solar provider.” So, if this deal goes down, there’s got to be some synergy here, right?

Robert Michaels, professor of economics at California State University at Fullerton, said he's full of questions about the deal. 

“I don’t see what the point is because you don’t have any of the usual rationales,” he said. "In fact, you’ve got some good rationales for not putting them under central control.”

If you're on the economic development team for your state, you are happy – dancing-in-the-street happy – when you can attract foreign investments.

You see a globalized world, bursting with opportunities, and you want your state to win a slice of that big pie.

A federal judge in Wyoming has struck down the Obama administration's regulations on hydraulic fracturing, ruling that the U.S. Bureau of Land Management doesn't have the authority to establish rules over fracking on federal and Indian lands.

In the ruling on Tuesday, U.S. District Judge Scott Skavdahl said Congress had not granted the BLM that power, and had instead chosen to specifically exclude fracking from federal oversight.

Inside the new One World Trade Center

Jun 22, 2016
Kai Ryssdal

Author and architecture writer Judith Dupré says the new World Trade Center, “represents one of the most complex collaborations in human history.”

It's the tallest building in the Western Hemisphere. More than 25,000 workers — and over $15 billion – helped re-construct the site.

Dupré 's new book, "One World Trade Center: A Biography of the Building," recaps the 12 years the building was being developed. She had full access to the construction of One World Trade Center while writing the official biography of the building.

Greta Hallberg

D.C. metro riders can’t catch a break. Thunderstorms and heavy rain flooded the Cleveland Park station Tuesday, temporarily shutting down access to the residential neighborhood.

Marketplace for Wednesday, June 22, 2016

Jun 22, 2016

We take a look at what effect a Brexit have on U.S. financial firms based in the U.K.; The U.S. Department of Justice has announced the largest crackdown in Medicare fraud in history today; Kai talks to Judith Dupre, the author of "One World Trade Center: Biography of the building" about the rebuilding of one of New York's most well-known landmarks. 

There weren't many expenditures in Donald Trump's last campaign finance report. At least not compared to the typical presidential campaign.

What stood out: the hundreds of thousands of dollars that Trump's campaign steered to various Trump venues and companies: $423,372 to Trump's Florida resort, Mar-a-Lago. $29,715 to the Trump International Golf Club. $125,080 to Trump Restaurants.

Copyright 2016 WBAA-FM. To see more, visit WBAA-FM.

Copyright 2016 NPR. To see more, visit

Tony Thompson hopes the United Kingdom votes on Thursday to leave the European Union. Standing in a green smock behind his meat counter in the town of Romford, a short train ride from central London, the 58-year-old butcher explains why in four words.

"Got to stop immigration," says Thompson. "It's only an island. You can only get so many people on an island, can't you?"